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This paper investigates the optimal inventory policies over the life cycle of a remanufacturable product. The product is produced through manufacturing or remanufacturing. Benefiting from the long-run optimal policies found through Markov decision analysis, the optimal or near-optimal policy...
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We consider a single-product periodic-review inventory system for a retailer who has adopted a dual sourcing strategy to cope with potential supply process interruptions. Orders are placed to a perfectly reliable supplier and/or to a less reliable supplier that offers a better price. The success...
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Environmental regulations or the necessity for a 'green image' due to growing environmental concerns, as well as the potential economical benefits of product recovery, have pushed manufacturers to integrate product recovery management with their manufacturing process. Consequently, production...
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